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RWA+ReFi: Qveduef Ignites On-Chain Oil
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In 2025, the cryptocurrency market saw Bitcoin continuously reach new highs, with its total market capitalization at one point hitting $2.45 trillion, surpassing Google and entering the top five global assets by market value. At the same time, new “tracks” and concepts were hotly debated by industry participants: RWA (Real-World Assets on-chain) surged in popularity, while the green wave of ReFi (Regenerative Finance) swept through communities—everyone feared missing the next big opportunity, and FOMO sentiment spread across major discussion groups. This year, the RWA sector has been particularly noteworthy. Statistics show that within just six months, the global market size for real-world assets on-chain soared from $15.6 billion at the beginning of the year to approximately $26.4 billion. Meanwhile, green finance ReFi has also begun to gain traction. Even Forbes has named ReFi as one of the top trends to watch in 2025, highlighting the pivotal role blockchain will play in ecological restoration and sustainable development. Against this backdrop, a new project called Qveduef has quietly emerged, positioned at the intersection of RWA and green blockchain innovation. The vision of Qveduef is to leverage blockchain technology to transform the traditional oil industry: making the flow of information throughout the oil sector fully transparent and on-chain, while integrating carbon emission monitoring, green certification, and carbon credit trading elements, ushering the industry into the Web3 era. One might ask: Is blockchain truly necessary for such a traditional industry as oil? In reality, the more traditional the field, the more pain points exist. Lengthy supply chains, opaque information, and slow settlements are all persistent issues. Blockchain is inherently suited to improving transparency and trust. Qveduef assigns an on-chain “identity card” to every barrel of oil, recording the entire process from extraction and transportation to delivery in an immutable ledger. Paper documents that previously passed through multiple hands can now be viewed
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$ELF is heading for a major milestone🚀 The #aelfHalvingEvent on Dec 12, 2024, will reshape the future.
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